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High-Throughput Analysis pp 15–30Cite as

Economic Impact of Combinatorial Materials Science on Industry and Society [1]

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Abstract

Research and development (R&D) funding within the chemical process industry averages 3.5% of sales, or about $12–14 billion annually in the United States, and is focused mostly on process development and support of downstream activities. This R&D supports annual sales of chemicals of over $400 billion that in turn feed into critical US industries and account for over $1.2 trillion in product sales and service in downstream value.

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Author information

Author notes

  1. John D. Hewes

    Present address: Honeywell International, Inc., Washington D.C., 20004, USA

Authors and Affiliations

  1. National Institute of Standards and Technology, Gaithersburg, MD, 20899-4700, USA

    John D. Hewes

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  1. John D. Hewes
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Editor information

Editors and Affiliations

  1. GE Global Research, Schenectady, New York

    Radislav A. Potyrailo

  2. National Institute of Standards and Technology, Gaithersburg, Maryland

    Eric J. Amis

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© 2003 Springer Science+Business Media New York

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Hewes, J.D. (2003). Economic Impact of Combinatorial Materials Science on Industry and Society [1]. In: Potyrailo, R.A., Amis, E.J. (eds) High-Throughput Analysis. Springer, Boston, MA. https://doi.org/10.1007/978-1-4419-8989-5_2

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  • DOI: https://doi.org/10.1007/978-1-4419-8989-5_2

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-4749-1

  • Online ISBN: 978-1-4419-8989-5

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